Abb Takk News

FBR Decides To Crack Down Against ‘Benami’ Companies

KARACHI: Federal Board of Revenue (FBR) deciding to crack down against the benami companies has asked the Security Exchange Commission of Pakistan (SECP) to submit details of the companies.

The FBR has asked the SECP to provide details of as many as 33 benami companies which included Benazirabad Feasibilities Private Limited, Karachi Gas Company, Omni Welfare Foundation, Sujawal Agro Farm, Sindhri Sugar Mills, Malir Warehouses and other companies are on the top list.

The tax collection body has asked the SECP to provide names, identity cards numbers and their other details of the owners of the companies.

It is pertinent to mention here that the FBR has already started crackdown against people having benami properties and vehicles.